Ready to record increase dollar their first week on the capital markets its own operating earnings and almost two months, price of gold fell to its lowest level in addition to two weeks. Gold spot has been offering to the $ 1.320. 19-ounce in 1128 GMT (7 pm EDT), compared to $1.323.60 at the end of New York, Thursday, having already fallen as low as $ 1.315.09. U.S. gold futures for December delivery fell $ 4.80 an ounce to $ 1.320.80.
"Main pressure of the dollar, but also to benefit," said analyst Commerzbank Eugen Weinberg. ".It was so hot money flowing into markets, which is not surprising to see the benefits on the current weakness in recent weeks "."
Source: Reuters
Filed under: Forex Round Up, USD, EUR, GBP, CHF, JPY, AUD, CAD.
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